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Central Africa Republic’s Bitcoin Adoption: The Real Work Must Start Now

The Central Africa Republic (CAR)’s surprise bitcoin adoption decision once again shows that the top cryptocurrency can be an alternative to fiat currency. However, the African country still needs to…

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Report: Central African Banking Regulator Says Crypto Ban Still Effective

An African regulator has told members of the six-nation Economic and Monetary Community of Central Africa (CEMAC) that a ban on cryptocurrencies is still effective. The regulator said the prohibition…

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Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise

The African startup, Mara, recently said it has raised about $23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi.…

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Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks

The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal…

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Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency

Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency. First Country…

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